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From The Diamond Blog...

Colored diamonds an investor's best friend

In 2002, Ben Affleck made headlines when he gave Jennifer Lopez a 6.1-carat pink diamond engagement ring worth a reported US$1.2 million. Now, US$1.2 million isn’t a small amount of money, but it practically sounds like Monopoly money when you hear what some coloured diamonds are fetching at auction these days. Jen Zoratti of the Winnipeg Free Press has the scoop!

Read more: Colored diamonds an investor's best friend

Protecting Jewelry with Renters Insurance

The best renters insurance policy for jewelry owners is one that adequately protects all of a tenant’s shiny valuables, such as rings, necklaces and watches. But choosing the amount of coverage needed and renters insurance company, can be difficult. There is no single correct answer, although, there are a number of things tenants who own high-value jewelry need to consider when purchasing renters insurance.

Read more: Protecting Jewelry with Renters Insurance

Three Things the Diamond Trade’s Survival Depends On

According to Avi Krawitz at diamonds.net, the diamond industry is waking up to a new reality. Not only are the banks insisting on stricter compliance standards and pipeline integrity, but the largest mining companies and jewelry retailers are rapidly following suit. This is forcing the industry to rethink the way it conducts business so that ‘transparency, responsibility and sustainability’ are engrained in the ethos of the trade. 

It was therefore no coincidence those three concepts formed the central theme of the World Diamond Congress recently held in Dubai. “These themes run through all the challenges we’re facing as a global industry and also show us the way forward,” Ernie Blom, president of the World Federation of Diamond Bourses (WFDB), said in his opening remarks at the congress, a joint meeting of the WFDB and the International Diamond Manufacturers Association (IDMA).

Read more: Three Things the Diamond Trade’s Survival Depends On

Despite what we’ve heard, diamonds don’t technically last forever

It seems like the phrase “a diamond is forever” has been around…well, forever. These popular stones used to be rare until the late 1800s, so they were super valuable back in the day. Nowadays, they’re a lot more common that many people assume, considering their cost.

Read more: Despite what we’ve heard, diamonds don’t technically last forever

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